Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.034%
Price spread now: KuCoin against BloFin+0.194%95s7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3583.581% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.194%, 7d avg +0.112%
=The price spread pays, funding is against you. KuCoin is 0.082% dearer against BloFin than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of +0.112%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.014% in total) that is about 42 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CVX-USDT | 2.0610 | 0.0340 | pay 0.0170% / 4h | 3h 29m | $83K | $151K | 75x |
| Short | KuCoin CVXUSDTM | 2.0650 | 0.0100 | get 0.0050% / 4h | 3h 29m | $818K | $70K | 20x |
BloFin CVX-USDT
KuCoin CVXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: +0.194% → +0.112%
- $8.2
- Slippage, 4 orders
- −$334.05
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$400.25
- Costs to cover
- 3.581%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; KuCoin: live order book, 60 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 60 min ago | 7.27 bp | 14.5 bp −$14 | 47.7 bp −$477 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 60 min ago | 7.27 bp | 163.5 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
CVX on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective CVX/USDC PERP | +0.0033% | 1h | 1.9790 | −3.979% | — | $33K | 5.5x | as long as short |
| Binance CVXUSDT | +0.0100% | 4h | 2.0619 | +0.042% | $1.7M | $2.6M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0650 | +0.194% | $1.8M | $713K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0630 | +0.097% | $252K | $315K | 10x | as long as short |
| Gate CVX_USDT | +0.0100% | 8h | 2.0620 | +0.049% | $69K | $23K | 25x | as long as short |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0620 | +0.049% | $2.1M | $524K | 20x | as long as short |
| KuCoin CVXUSDTMshort | +0.0100% | 4h | 2.0650 | +0.194% | $818K | $70K | 20x | |
| Bitget CVXUSDT | +0.0100% | 4h | 2.0630 | +0.097% | $624K | $128K | 25x | as long as short |
| BingX CVX-USDT | +0.0100% | 4h | 2.0620 | +0.049% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0100% | 4h | 2.0671 | +0.295% | $6K | $2K | — | as long as short |
Injective CVX/USDC PERP
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
Gate CVX_USDT
MEXC CVX_USDT
Bitget CVXUSDT
BingX CVX-USDT
Variational Omni CVXShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CVX-USDTlong | +0.0340% | 4h | 2.0610 | long leg | $83K | $151K | 75x | |
| GMX CVX/USD [ETH-USDC] | L +0.0491% / S −0.0195% | 1h | 2.0630 | +0.099% | $170K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSD | +0.5103% | 1h | 2.0718 | +0.523% | $125K | $94K | 10x | as long as short |
GMX CVX/USD [ETH-USDC]
Kraken Futures PF_CVXUSD